EV Rebates and Incentives in the USA
25 October 2022•
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The US seems to be lagging when it comes to EV adoption, compared to Europe and China. Lack of adequate policies and incentives might be to blame. Federal incentives include a tax credit of up to US$7,500 that buyers may be eligible for. Emphasis on “up to” as that depends on the amount of income tax owed (if annual tax is more than US$7,500, then the buyer qualifies for the full amount). Battery size is also a criterion as to how much credit is allowed
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